EnglishNews
Japanese-Style Nursing Facility by Nambu Wellness in Lapu-Lapu
Cebu is set to welcome a state-of-the-art nursing care facility, spearheaded by a leading Japanese company, marking a transformative chapter in senior care for Cebuanos. Nambu Wellness, a renowned name in Japan with over a century of expertise, officially launched its first Philippine project with a ceremonial groundbreaking event on January 8, 2025, in Barangay […]
Sinulog Festival 2025: Cebu's Grand Celebration of Faith & Culture
Every third week of January, the vibrant island of Cebu comes alive with one of the most anticipated and widely celebrated festivals in the Philippines—Sinulog Festival. This annual event is more than just a cultural celebration; it is a profound expression of faith, heritage, and devotion to Senior Santo Niño, the child Jesus. Over the […]
Five Top Japanese Firms Plan New Investments in the Philippines
A number of Japanese companies such as Japan Institute of Design and Promotion, electronics manufacturer MinebeaMitsumi, merchandising firm Aeon Co. Ltd., and trading and investment giants Itochu Corp. and Marubeni Corp., are exploring new investment opportunities in the Philippines. According to the trade chief, representatives from these firms have expressed plans for expansion in the […]
Cebu Retains Title as PH’s Richest Province for the 10th Year
Cebu has once again been named the richest province in the Philippines, holding the top spot for an impressive 10th consecutive year. The province reported a 31% increase in its assets, reaching a remarkable ₱253 billion in 2023, according to the Commission on Audit. This consistent achievement reflects Cebu’s robust economic foundation, driven by a […]
Bank Rolls Out Innovative Interest Rate Swap Market
The Bankers Association of the Philippines (BAP) officially launched the upgraded Peso Interest Rate Swap (IRS) market on Monday, November 18, 2024. Designed to enhance the process of setting and managing interest rates, this new market provides significant benefits to both banks and borrowers. It is particularly advantageous for businesses reliant on loans, as it […]
Cebu Shines as Adventure Hub at Outdoor7 Summit
To strengthen Cebu’s reputation as a top adventure destination, the Department of Tourism (DOT) Region 7 has launched the highly anticipated Outdoors7 Summit 2024. This is a five-day event, starting November 20-24, 2024, held at Ayala Malls Central Bloc and Seda Central Bloc in Cebu I.T. Park. It features a dynamic lineup of forums, exhibitions, […]
Philippines' Q3 GDP Growth Slows to 5.2% Amid Economic Challenges
In the third quarter of 2024, the Philippines recorded a Gross Domestic Product (GDP) growth rate of 5.2%, marking a slowdown from the 6.4% growth achieved in the previous quarter. This deceleration highlights several economic challenges facing the country, including adverse weather conditions that have particularly impacted agriculture and disrupted government projects. This quarter’s growth […]
Cebu's Future: SM Seaside Arena Set to Redefine Events
The SM Seaside Arena, a monumental project under construction in Cebu City's South Road Properties, is heralding a new era for the region's economic and cultural landscape. With a seating capacity of 16,000, this will be the largest indoor arena in Cebu, designed to host various events, including international concerts, sports tournaments, and conventions. The […]
Cebu City Unveils Ambitious ₱33B Investment Plan for 2025
Cebu City is set to embark on an ambitious journey towards infrastructural and social advancement with a proposed P33 billion Annual Investment Plan (AIP) for 2025. The investment focuses on various sectors, particularly infrastructure and social services, and is designed to foster economic growth, enhance connectivity, and improve the overall business environment. Flood Management and […]
Primeworld Enclave Phase 2 Construction Begins
Primeworld Land Holdings has officially launched Phase 2 of Primeworld Enclave, an affordable housing development situated within a gated subdivision in Bulacan. This expansion comes in response to the overwhelmingly positive feedback received from the first phase of the project. In her keynote address, Celine Co, the Business Development Lead, emphasized Primeworld Land’s vision of […]